Hyundai Motor to open Korea’s largest driving center in 2022

Hyundai Motor Group said Wednesday that it will open the country’s largest driving center, called the HMG Driving Experience Center, in the first half of 2022 to offer customers new opportunities to experience the brand and practice driving. (For more ifnormation : http://www.koreaherald.com/view.php?ud=20200617000737 )

Mar 01, 2021

Hanon Systems to Launch New Manufacturing Site in Korea

Global automotive supplier Hanon Systems (KS: 018880) today announced it began construction on its fifth plant in Korea.

The new plant, located in Naengcheon-ri, Oedong-eup, Gyeongju-si, will be built on a site that offers approximately 33,000 square meters (approximately 335,000 square feet) of land. Construction of the Gyeongju facility is expected to be complete in the second quarter of 2021 with production expected to begin in the third quarter. (For more information : https://www.prnewswire.com/news-releases/hanon-systems-to-launch-new-manufacturing-site-in-korea-301237856.html )

March 04, 2021

S. Korea, UAE to expand ties in hydrogen industry, reduce carbon footprint

South Korea said Thursday it has agreed with the United Arab Emirates (UAE) to make joint efforts to venture into sustainable resources, such as hydrogen, in line with their goal to reduce carbon footprint. (For more information : https://en.yna.co.kr/view/AEN20210304002451320 )

March 10, 2021

S. Korea to invest 200 bln won in developing automotive chip technology

South Korea plans to invest more than 200 billion won (US$176 million) in developing automotive chip-making technology by 2022 in an effort to nurture the next-generation vehicle sector, the finance minister said Wednesday. (For more information : https://en.yna.co.kr/view/AEN20210310004451320 )

March 11, 2021

Hyundai/Kia Motor & Hankook Tire – jointly develop tire management service

Hyundai/Kia Motor Company will partner with Hankook Tire & Technology to develop intelligent consumable management services based on data and technology from both sides.

On the 11th, Hyundai/Kia Motor announced that they had signed a non-face-to-face agreement with Hankook Tire for mutual cooperation (MOU) for data-based service development.

The two sides decided to cooperate in various fields, such as improving and upgrading services, and creating new business by establishing a system for mutual exchange of data and technology necessary to provide mobility services related to car life, such as vehicle operation and management.

(For more information, https://www.yna.co.kr/view/AKR20210311048900003?section=news&site=popup_newsflash Korean article )